BNAI selected for Russell 2000/3000 indexes; raises $7.4M in Q2 equity/warrant exercises

Brand Engagement Network Inc.

Selected for Russell 3000 and Russell 2000 indexes effective June 29, 2026; indexes benchmark ~$12T in assets.
Received aggregate gross proceeds of ~$7.36M from Q2 equity issuances and warrant exercises.
Includes $4.925M at $39.59/sh, $1.0M at $39.25/sh, and $1.29M net from warrant exercises.
Debt conversion of $9,735 at $18.23/sh; liabilities reduced by approx $376k.
Proceeds strengthen balance sheet.

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